Diamond market stayed flat from September 2 - September 8.

Diamond portrayed neutral behavior last week, with no changes in the price. DMD was caught in a period of low volatility, which was reflected in its price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.

The current state of affairs on the cryptocurrency market allows us to draw the conclusion that Diamond is now going through the cycle of low volatility. The average volatility of DMD was as low as 0%, causing the dull price action. The most significant price swings occurred on September 6, when the volatility of the coin was at its highest for the given period at 0.97%. The asset experienced the period of lowest volatility on September 7 when it fell to 0%. Since the crypto coin is displaying low levels of volatility, the price action is likely to remain feeble.

The first day of price action was marked by the 1% move to the upside from the point where the trading session opened. On September 3 the coin market stayed neutral, with no changes in the price. During the following trading period on September 4, the price of Diamond oscillated between the low at $2.07 and the high at $2.1, while the price moved up by 1%. On September 5, the value of DMD was in the range, with the market remaining flat. Diamond finalized the trading day of September 6 at $2.06 after opening it at $2.12, though the price broke through that corridor to hit the 24H high at $2.16 and the 24H low at $2.06. On September 7, the crypto coin showcased the following price fluctuations: the trading session began at $2.05 and then traveled from the low of the day at $1.99 to the high of the day at $2.07, closing at $2.07. On the last day of the reviewed period, the coin was locked between $2.07 and $2.09, though the price managed to puncture these levels to reach the 24H high at $2.11 and the 24H low at $2.07. Throughout the reviewed time period, no changes were observed on the asset's market. There was no difference between the lowest and highest price points for the observed week, with the Diamond market flatlining.

The trading activity on the Diamond market over the past week - September 2 to September 8 - generated the average trading volume that went from $11 396 to $11 614. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the DMD market had its volume ranging between $12 162 and $21 100. The average trading volume of the asset fluctuated by 15% by comparison with the previous period, whereas the price change of 0% took place over the same period of time.

DMD experienced no change in total market capitalization during the past week. The price of the coin was not changed, with a 0% shift in its total market capitalization. Diamond market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: September 8 | September 2 - 8

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